Sears Canada wins court nod to extend credit protection to Nov 7

The ruling gives the 65 year-old retail chain more time to consider whether to liquidate all its assets or pursue a deal to stay in business.

The company, which in 2012 was spun off from U.S. retailer Sears Holdings Corp, filed for creditor protection in June and laid out a restructuring plan that included cutting 2,900 jobs and closing roughly a quarter of its stores. . (Reporting By Nichola Saminather; editing by Diane Craft)